Cummins Completes 50 Percent Acquisition Of Momentum Fuel Technologies From Rush Enterprises
Acquiring Company
Cummins
Acquired Company
Momentum Fuel Technologies
ColumbusManufacturingManufacturingEnergyDescription
Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises.
Quick answer
Cummins is acquiring Momentum Fuel Technologies, announced January 18, 2022. Cummins is based in Columbus, Indiana, United States.
- How much did Cummins pay for Momentum Fuel Technologies?
- The deal value was not disclosed.
- What does Cummins do?
- Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and..
- Where are Cummins and Momentum Fuel Technologies based?
- Cummins is based in Columbus, Indiana, United States.
- Who are the decision-makers at Cummins?
- Fundz holds 3 contacts at Cummins. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Momentum Fuel Technologies?
Momentum Fuel Technologies was acquired by Cummins, based in Columbus. The deal was reported on January 18, 2022. Cummins is publicly traded (CMI) and operates in Manufacturing.
When did Cummins acquire Momentum Fuel Technologies?
Cummins's acquisition of Momentum Fuel Technologies was reported on January 18, 2022. Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Momentum Fuel Technologies do?
Momentum Fuel Technologies, headquartered in the Dallas-Fort Worth Metroplex, is the industry’s first complete compressed natural gas (CNG) fuel system solution for Class 6-8 vehicles. It is privately held, operating in Manufacturing.
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